Media outlets access enhanced multi-platform content at no charge, with alerts when we have new content on issues or from regions you may select. Once we receive the filled out form below, you'll receive a message with the passcode/s. Welcome!

*These fields are required

*Media Outlet name

*Media Outlet City/State

Contact name

Contact phone

*Email address or fax #

*Media Outlet type

Additional (beyond the state you are located in) content that you would like to receive

Newscasts

PNS Daily Newscast - November 19, 2018.

More than 1,200 missing in the California wildfires. Also on the Monday rundown: A pair of reports on gun violence in the nation; and concerns that proposed changes to 'Green Card' rules favor the wealthy.

Presidential Infrastructure Plans Might Neglect Rural Areas

No new roads, bridges for rural Nebraska? Private companies might not want to invest in rural projects under President Trump's infrastructure plan. (formulanone/Flickr)

March 3, 2017

LINCOLN, Neb. - During his address to Congress on Tuesday, President Trump called for $1 trillion in public and private investment to rebuild the nation's roads and bridges, noting that the $6 trillion spent fighting wars in the Middle East could have easily rebuilt America two or three times over.

Former Labor Secretary Robert Reich said Trump's plan to lure investors with tax credits would be a huge giveaway for wealthy developers, but agreed there's a big need for more and better infrastructure for the public.

"And the only way we get that is if corporations and the wealthy pay their fair share of taxes," he said. "We'd be turning over public roads and bridges to private corporations who will charge us expensive tolls."

Reich said tolls likely would be set by private companies to provide the kinds of returns expected by Wall Street. Infrastructure in rural areas might not get fixed at all if the project isn't seen as profitable, he said. Some Republican leaders including Senate Majority Leader Mitch McConnell, R-Ky., also are wary of Trump's plans to finance the effort.

Reich said taxpayers could end up footing the majority of the bill under Trump's proposal because for every dollar a developer puts into a project up front - due to tax incentives - they'd actually pay only 18 cents, leaving taxpayers to cover the remaining 82 cents.

The public essentially would end up paying twice, Reich said, first by subsidizing developers and investors with tax dollars and again by paying tolls and user fees. President Obama's proposal to tap private investors to pay for infrastructure projects also was opposed by Republicans in Congress during his years in office.